If investors are careful they can capitalize on the increasing demand for digital goods!!
When it comes to ASX tech stocks there are ample options – from industry giants for instance, Telstra to up-and-coming start-ups. To help you decide which ASX tech shares to invest in, we’ve put together an informative guide on the top tech shares trading on the ASX right now 🔝 🔛.
1 . Telstra (TLS)
Telstra is Australia’s largest telecoms provider. Opened in the 1960s, it has grown into one of Australia’s best-known brands within the telecommunications, media, and technology industries with operations spanning 20 countries and higher than 1,000 stores around Australia 1️⃣ 🇦🇺.
Telstra is currently focused on developing its 5G network and is among the first ASX tech stocks to launch a commercial 5G network. This has enabled Telstra to provide faster internet speeds and more reliable coverage for its customers . The company also offers a variety of services consisting of data and content streaming and is a major player in the development of the Internet of Things (IoT).
2. Xero (XRO)
Xero is a cloud-based accounting and payroll software provider. It provides a suite of business solutions that help small-to-medium size businesses manage their finances and cash flow.
The company has grown rapidly in recent years and is now used by over one million businesses globally. Xero is also well-positioned to benefit from the increasing demand for cloud-based financial solutions, making it one of the best ASX tech shares to buy right now 1️⃣.
3. Afterpay Touch Group (APT)
Afterpay Touch Group is a financial technology company that provides a buy now pay later service. This service allows customers to purchase products and services and pay for them over a period of time without any interest or fees.
The company has grown rapidly since its launch in 2015 and is now operating in above 10,000 retail stores . It is well-positioned to benefit from the increasing demand for digital payment solutions making it one of the best tech shares to buy on the ASX.
4. Appen (APX)
Appen is a global leader in the field of artificial intelligence (AI) technology. The company provides AI-based data and services to a lots of clients consisting of tech giants like Google and Microsoft. Appen’s services are used around tons of industries consisting of healthcare finance and retail .
As AI technology continues to develop and become more widely used Appen is well-positioned to capitalise on this growth 🔛. This makes Appen one of the best ASX tech shares to buy right now 1️⃣.
5. WiseTech Global (WTC)
WiseTech Global is a software provider that develops and delivers supply chain management software. The company’s software is used by higher than 11,000 customers in over 140 countries containing some of the world’s largest companies.
WiseTech Global is well-positioned to benefit from the increasing demand for supply chain management solutions . This makes it one of the best ASX tech stocks to buy right now.
In conclusion, there are many diverse ASX tech stocks to choose from . These five companies have all demonstrated powerful growth potential and are well-positioned to benefit from the increasing demand for digital products and services 5️⃣. Investing in these stocks can be a great way for investors to capitalise on the growth of the tech sector and make money in the long run 🔛 💰 ️. … .
5️⃣ ️ 💵 1️⃣ 🔝 🔛 🌐 🇦🇺 👔 💰
